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To: IceShark who wrote (7034)	9/25/1998 1:51:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 86076

<<At one point ponzi schemes do fall apart, but it's damn tough predicting the marginal transaction(s) that knock down the house of cards.>> That's why perhaps one should get "smaller" -less exposed. BTW, I know one of your adversaries, who bot and holds couple hundred shares of pos3. He just came up with the greater fool theory as justification for holding his stock. (needless to say I advised him to sell at second and third top, but he did not). I tried to explain that it is not a sound investment policy to rely on GFT - but he was not convinced. He considers this as investment, six months ago was talking about great potential fundamentals, but after reading articles in media and talking to me came up with the GFT as justification for holding ...